Book Review: “How the Brady Plan Delivered on Debt Relief” by Neil Shenai and Marijn A. Bolhuis

This slim volume is a timely retrospective on the Brady Plan, the 1989 initiative named after Treasury Secretary Nicholas Brady, through which the United States helped resolve the Latin American debt crisis. Under Brady’s plan, Latin American governments could exchange troubled bank loans for newly issued bonds. The United States applied regulatory and political pressure…

Concern over debt advice centre’s future

The Noah’s Ark Centre at Ovenden, Halifax, offers a range of services but has alerted councillors to concerns it has about funding. Coun Christine Prashad raised the issue with senior councillors at a meeting of the full Calderdale Council and said the situation was concerning for a vital service. “As you will all be aware,…

How online gambling pushes youth into debt and despair

Betting addiction is a disease that heavily contributes to Kenya’s mental health crisis /AI ILLUSTRATION This is premium content Subscribe to Continue Reading Help us continue bringing you unbiased news, in-depth investigations, and diverse perspectives. Your subscription keeps our mission alive and empowers us to provide high-quality, trustworthy journalism. Join us today to make a…

Latham Advises Arzan Investment Management on Debt Financing

Latham & Watkins has advised Arzan Investment Management (AIM), an alternative investment manager focused on real estate, hospitality, and credit strategies, on securing a debt financing commitment for its GCC hospitality platform from funds managed by Oaktree Capital Management, L.P., a leader among global investment managers specializing in alternative investments. The funding will enable AIM…